What are the advantages and disadvantages of earning an MBA directly after an undergraduate degree?

If you have the opportunity and the wherewithal to pursue an MBA immediately after earning an undergraduate degree, I would encourage you to do so. That’s especially true if you are going to pursue a career in business or entrepreneurship. You will have more career and employment options, and your starting salary will be higher. I have a son in college right now and I have encouraged him to take the extra year and earn his MBA. The simple fact of the matter is that you are younger and your study skills are stronger right after you have earned your undergraduate degree and this will be to your benefit.

There are no disadvantages to earning an MBA immediately after earning an undergraduate degree.

What are the advantages and disadvantages to taking some time off to get a job and work?

There are no advantages to taking time off to get a job or work before earning your MBA. You are going to do that anyway, whether it is now or later. You are just putting off the hard work and making it more difficult on yourself. As the years go by, it will be harder and harder to find the time to make it happen. Your priorities will change and you will find it difficult to get away from family and career. Your English and math skills will not be as sharp. The longer you put it off, the harder you will work.

What types of careers or professions absolutely must pursue an MBA? Is that list changing over time?

If you plan to manage other people’s capital, or your own, for a positive return you will benefit from an MBA.

What are the professions that absolutely don’t require an MBA?

If you are lucky, and smart, and things fall into your lap, you don’t need an MBA.